Search results with tag "Mobile money"
The causes and consequences of mobile money taxation
www.gsma.com6 Mobile money taxation – an overview The causes and consequences of mobile money taxation 2 Mobile money taxation An overview 2.1 Mobile money’s contribution to development Over the past decade, mobile money has disrupted traditional financial services and corrected market failures in the formal provision of financial services.2
Impact of Mobile Money on the Payment ... - Bank of Ghana
www.bog.gov.ghmobile money transactions (Diniz, Albuquerque and Cerney, 2011). Chart 1 provides the number of mobile money customers compared with the number of bank customers from 2013 to 2016. The purpose of this paper is to evaluate how the surge in mobile money usage impacts on the payment systems in Ghana. 0 5,000,000 10,000,000 15,000,000 20,000,000 ...
Managing the Risk of Fraud in Mobile Money - GSMA
www.gsma.comGSMA — Mobile Money for the Unbanked Managing the Risk of Fraud in Mobile Money 1—2 Executive summary Risk management is a key component to the commercial success of any business. Effective risk management underlies sustainable commercial growth because it protects two key commercial assets: reputation and revenue.
GUIDELINES ON MOBILE MONEY SERVICES IN NIGERIA
www.cbn.gov.ngresponsibilities in providing mobile money services in the system. In addition, it sets the basis for the regulation of services offered at different levels and by the participants. These guidelines have identified two models for the implementation of mobile money services namely; A. Bank Led – Bank and/or its Consortium as Lead Initiator
Payments and money transfers by mobile phone ... - Citibank
www.citibank.comPayments and money transfers by mobile phone: new business models will ‘mobilize’ money Mobile phones represent the next big game changer in the payments industry
State of the Industry Report on Mobile Money - GSMA
www.gsma.comOver the past five years, there has been a gradual shift from cash to digital payments, but for the first time in 2019, digital transactions accounted for the majority of mobile money flows. The ratio of digital to cash-based transactions has increased by nearly 50 per cent since 2017 as a larger proportion of money enters and leaves the
Accessing the Unbanked - iVeri
www.iveri.com4 iVeri Whitepaper - Branchless Banking in Africa - S 2014 According to a study by the GSMA many mobile money users in Tanzania find the service cheaper, quicker, easier
mobile money services: “A bAnk in your pocket”
publications.iom.intrequirements for opening a bank account in developing countries. However, ... “Mobile money” services started in Kenya in 2007 through M-PESA (“M” for “mobile”, “pesa” for “money” in Swahili), a popular mobile money service ... agent will get the money from the customer and transmit it to the company
Mobile Money for Financial Inclusion - World Bank
siteresources.worldbank.org61 M obile financial services are among the most promising mobile applications in the devel-oping world. Mobile money could become a general platform that transforms entire economies, as it is